In a lengthy essay, by blog standards, he does not cover everything, but he does explore in depth the question of whether more diverse firms perform better
by economic standards.
Not exact matches
While most of his proposals — «to abandon the gold
standard, let international exchange rates float, use federal surpluses and deficits as macroeconomic policy tools that could counter cyclical trends, and establish bureaus of
economic statistics (including a consumer price index) in order to facilitate this effort» — are now conventional practice, his critique of fractional - reserve banking still «remains outside the bounds of conventional wisdom» although a recent paper
by the IMF reinvigorated his proposals.
Last but
by no means least,
standard economic theory predicts that increased trade will grow the economy but hurt some specific social classes.
To be sure, this is a travesty of
economic reality inasmuch as it reflects a distorted set of tax laws that permit absentee investors to depreciate buildings again and again, as if they wear out and lose value through lack of upkeep (despite landlords being legally required to maintain rental properties intact), or
by obsolescence (even as construction
standards cheapen).
The relationship between monetary policy and financial stability may depend on the specific
economic conditions in which we find ourselves.6 Moreover, the processes resulting in financial cycles, with periods of unsustainable debt buildup, occasional crises and periods of deleveraging, are not well captured
by standard models.7 We have more work to do before we can be fully confident about our conclusions.
«We have simply noted in conversation with Mr. de Voogd that without the registration required
by the Money Laundering and Terrorism Prevention Act, offering financial service could be grounds for criminal proceedings for illegal
economic activity, which is a
standard practice for, say, pawnshops.
There, it is true that the arbitrage gains arising from free trade between
economic zones of vastly different living
standards without trade balance equilibrium and being captured
by a small minority are correctly viewed as un-earned gains and giving rise to social tensions which could easily degenerate into political tensions.
But I would add a fifth, monetary policy, while highly accommodative
by historic
standards, may still not have been sufficiently accommodative given the
economic circumstances.
BlackBerry's ability to manage inventory and asset risk; BlackBerry's reliance on suppliers of functional components for its products and risks relating to its supply chain; BlackBerry's ability to obtain rights to use software or components supplied
by third parties; BlackBerry's ability to successfully maintain and enhance its brand; risks related to government regulations, including regulations relating to encryption technology; BlackBerry's ability to continue to adapt to recent board and management changes and headcount reductions; reliance on strategic alliances with third - party network infrastructure developers, software platform vendors and service platform vendors; BlackBerry's reliance on third - party manufacturers; potential defects and vulnerabilities in BlackBerry's products; risks related to litigation, including litigation claims arising from BlackBerry's practice of providing forward - looking guidance; potential charges relating to the impairment of intangible assets recorded on BlackBerry's balance sheet; risks as a result of actions of activist shareholders; government regulation of wireless spectrum and radio frequencies; risks related to
economic and geopolitical conditions; risks associated with acquisitions; foreign exchange risks; and difficulties in forecasting BlackBerry's financial results given the rapid technological changes, evolving industry
standards, intense competition and short product life cycles that characterize the wireless communications industry, and the company's previously disclosed review of strategic alternatives.
Many factors could cause BlackBerry's actual results, performance or achievements to differ materially from those expressed or implied
by the forward - looking statements, including, without limitation: BlackBerry's ability to enhance its current products and services, or develop new products and services in a timely manner or at competitive prices, including risks related to new product introductions; risks related to BlackBerry's ability to mitigate the impact of the anticipated decline in BlackBerry's infrastructure access fees on its consolidated revenue
by developing an integrated services and software offering; intense competition, rapid change and significant strategic alliances within BlackBerry's industry; BlackBerry's reliance on carrier partners and distributors; risks associated with BlackBerry's foreign operations, including risks related to recent political and
economic developments in Venezuela and the impact of foreign currency restrictions; risks relating to network disruptions and other business interruptions, including costs, potential liabilities, lost revenues and reputational damage associated with service interruptions; risks related to BlackBerry's ability to implement and to realize the anticipated benefits of its CORE program; BlackBerry's ability to maintain or increase its cash balance; security risks; BlackBerry's ability to attract and retain key personnel; risks related to intellectual property rights; BlackBerry's ability to expand and manage BlackBerry ® World ™; risks related to the collection, storage, transmission, use and disclosure of confidential and personal information; BlackBerry's ability to manage inventory and asset risk; BlackBerry's reliance on suppliers of functional components for its products and risks relating to its supply chain; BlackBerry's ability to obtain rights to use software or components supplied
by third parties; BlackBerry's ability to successfully maintain and enhance its brand; risks related to government regulations, including regulations relating to encryption technology; BlackBerry's ability to continue to adapt to recent board and management changes and headcount reductions; reliance on strategic alliances with third - party network infrastructure developers, software platform vendors and service platform vendors; BlackBerry's reliance on third - party manufacturers; potential defects and vulnerabilities in BlackBerry's products; risks related to litigation, including litigation claims arising from BlackBerry's practice of providing forward - looking guidance; potential charges relating to the impairment of intangible assets recorded on BlackBerry's balance sheet; risks as a result of actions of activist shareholders; government regulation of wireless spectrum and radio frequencies; risks related to
economic and geopolitical conditions; risks associated with acquisitions; foreign exchange risks; and difficulties in forecasting BlackBerry's financial results given the rapid technological changes, evolving industry
standards, intense competition and short product life cycles that characterize the wireless communications industry.
Even
by her own
standard, the premier has been a failure on job creation and
economic development.
Standard & Poor's divvies up its indices four ways:
by economic sectors, industry groups, industries, and sub-industries.
Specific policies include encouraging job creation and innovation in the new energy economy; improving the fairness of employment
standards (including re-establishing the National Minimum Wage; reversing «tax giveaways» to corporations; introducing and maintaining balanced budgets; protecting Canadians from «price gouging»
by businesses; implementing income stabilization programs for farmers; promoting long - term
economic and environmental sustainability of marine and forestry resources; and re-investing in education, skills training and apprenticeships to help Canadians succeed in the economy.
The Ninth Circuit took a similar approach in Berson v. Applied Signal Technology, Inc., and ultimately fashioned a
standard for loss causation in Nuveen v. City of Alameda when it held that a plaintiff can establish loss causation «
by showing that the defendant misrepresented or omitted the very facts that were a substantial factor in causing the plaintiff's
economic loss.»
China's credit rating was downgraded one notch to A +
by ratings agency
Standard & Poor's (S&P), which cited increased
economic and financial risks, following the significant rise in the country's debt levels since the global financial crisis.
By LAURA LOREK Publisher of Silicon Hills News «Entrepreneurship is essential to our
standard of living and
economic growth,» said Stephanie Breedlove, co-founder of Care.com Homepay.
Posted
by Angella MacEwen under CPP,
economic growth, Employment Insurance, employment
standards, feminist economics, fiscal policy, older workers, young workers.
City bond projects should be guided
by racial and
economic equity
standards.
As well, the world
economic order is changing around us at lightning speed, driven
by the BRIC economies that are aggressively investing and competing to increase their own living
standards.
By this term we mean
economic, social, and political structures which do not conform to Christian moral
standards....
As former Nixon economics adviser Herbert Stein observed, President Bush has made
economic growth the acid test
by which every other policy is to be judged, believing that such growth will permit progress on other fronts, including raising the
standard of living for the poor.
But since that time, the policies called for
by standard economic thinking have prevailed.
If God is one, there can be no prejudice and no bigotry, for every act of discrimination, whether it is
economic, political, or social, reveals that we have different
standards by which we judge the creatures of God's creation.
The more common defence of the
standard approach starts
by admitting that «
economic man» is a simplification, but then argues that the one - dimensional immorality of seeking more for less is sufficient to explain the
economic world.
(For example,
by his own
standards, Webb would have to admit that Hebrew dietary laws and
economic laws were more restrictive than the surrounding culture.
«Most people were poor
by today's
economic standards, but they were rich in moral values, family relations and social traditions.
Central planning and the lack of incentive have produced agricultural shortfalls, industrial mismanagement, shoddy products, permanent shortages in housing and consumer goods,
economic collapse staved off only
by Western credit, and a shockingly low
standard of living in what are supposed to be modern industrial nations.
A still more important factor ignored
by Buchanan has been the victory of the
standard economic theory that 5 to 7 percent unemployment is needed to prevent inflation.
He rejects the
standard economic view (benefit individual consumers)
by emphasizing the political goal of maximizing national power.
Associating a political stance to something like Marxism is the
standard Right - Wing response to
economic populism declared
by anyone, especially someone like the Pope.
-- it would produce an
economic wave of prosperity that would raise the world's
standard of living beyond anything dreamed of
by man.
This helps explain why our debt burden has not yet triggered what
standard economic theory would dictate: a steep decline in the value of the U.S. dollar followed
by a severe contraction of the American economy when we found we could no longer afford the foreign goods we like so much.
Arthur Okun, who was chairman of Lyndon Johnson's Council of
Economic Advisers, estimates that the superprofits taken»
by these firms alone account for almost half the drop in the
standard of living last year (1974).
Judged
by the
standard GNP statistics, the US per capita income had increased in real value
by 25 per cent since 1976; but, using the ISEW, they found that over the same period the
economic wellbeing of Americans had actually declined
by 10 per cent.
First, there is one challenge that does not lie outside
standard economic theory although its seriousness is rarely acknowledged
by economists.
On the basis of this initial idolatry it develops a morality in which
economic worth becomes the
standard by which to measure all other values and the
economic virtues take precedence over courage, temperance, wisdom and justice, over charity, humility and fidelity.
F.A. Hayek, who was well aware of the complexity of
economic development, also rejected any external moral
standard by which
economic activity should be judged.
Asia's recent
economic growth makes plausible the Economist's projection that «within a generation, perhaps half of today's poor nations could be rich
by current
standards.»
On the other hand, there are many countries, especially in Africa, whose condition, even as measured
by narrowly
economic standards, is declining.
• «The ferocity about
economic competitiveness, its promotion into a
standard by which to measure things it can not measure... is resulting in a loss of respect for ordinary work and a soft contempt for ordinary people,» Wieseltier continues.
But, then, why did he recognize a significant and positive role for public authority in the functioning of the economy and why did he advocate reasonable wages and living
standards for the workers, instead of leaving these to be determined
by the
economic processes themselves?
Woods warned that retailers and food makers are being squeezed
by economic trends that have been exasperated
by the UK's exit from the European Union and stessed that this pressure must not result in lower food
standards.
ESC products will soon display the international FAIRTRADE Mark, which designates that the product meets the social,
economic and environmental
standards set
by Fairtrade International.
The Specialty Food Association honors industry frontrunners who have gone above and beyond in advancing food
standards by creating social,
economic and environmental impact through innovation and vision.
Supported
by industry leaders and prominent environmental conservation groups such as The Nature Conservancy and World Wildlife Fund (WWF), the AWS
Standard is the first comprehensive global standard for measuring responsible water stewardship, not just in terms of environmental criteria, but also social and economic dim
Standard is the first comprehensive global
standard for measuring responsible water stewardship, not just in terms of environmental criteria, but also social and economic dim
standard for measuring responsible water stewardship, not just in terms of environmental criteria, but also social and
economic dimensions.
These constraints set up
by the organic agriculture
standards lead to nitrogen on organic farms nitrogen being - in
economic terms - a quantitatively scarce factor.
Created
by industry leaders and prominent environmental conservation groups such as The Nature Conservancy and World Wildlife Fund (WWF), the AWS
Standard is the first comprehensive global standard for measuring responsible water stewardship, not just in terms of environmental criteria, but also social and economic dim
Standard is the first comprehensive global
standard for measuring responsible water stewardship, not just in terms of environmental criteria, but also social and economic dim
standard for measuring responsible water stewardship, not just in terms of environmental criteria, but also social and
economic dimensions.
Before the gold
standard was terminated in 1971, the current account surpluses generated
by Germany's «
economic miracle» were partially balanced out in gold.
In a press release (below), FPI compares the results of a new national study
by Economic Policy Institute, Hardships in America: The Real Story of Working Families, to The Self Sufficiency
Standard for New York released last fall.
We believe
by offering a progressive
economic alternative to austerity, Labour can best reach out to a broad coalition of voters whose living
standards have declined under this Coalition government.